How to Activate the Portfolio Margin Mode on Binance?

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Disclaimer: This FAQ Page is for general information and educational purposes only. It does not constitute legal terms or any form of legal agreement between you and Binance. It should not be construed as financial, legal or other professional advice. The information on this page may be outdated. For legal terms applicable to Futures and Options Trading Services, please refer to the Terms of Use, the Exchange Rules (including the Exchange Procedures) and the Clearing Rules (including the Clearing Procedures) which come into effect on 5 January 2026. Additional terms and conditions will also be set out in the Contract Specifications applicable to the relevant Derivatives contract.

What are the requirements to activate the Portfolio Margin?

To open or close a Portfolio Margin account, you must meet the following conditions:

• Cross Margin: No loans, open orders, open positions, or negative balances.
• USDⓈ-M Futures: No open orders, open positions, or negative balances, and you are not using the Isolated Margin or Multi-Assets mode.
• COIN-M Futures: No open orders, open positions, or negative balances, and you are not using the Isolated Margin mode.
• Your Cross Margin account should be activated.

How to activate the Portfolio Margin mode?

You can activate the Portfolio Margin mode from various interfaces. Please note you can switch the account mode (upgrade or downgrade) up to 10 times within 24 hours.

Futures trading interface

1. Log in to your Binance account and go to the Binance Futures trading page. If you meet the eligibility criteria, you’ll see a [Switch] button next to [Account]. Click [Switch]. 

Alternatively, click the settings icon and go to [Settings] - [Account Mode]. Select the Portfolio Margin Mode. Click [Switch]. 

2. Please carefully read the information and terms displayed in the pop-up window before clicking [Confirm].

3. You will be prompted to confirm the activation of Portfolio Margin. Click [Activate]. This process could take up to 15 seconds.

Wallet page

You can also activate the Portfolio Margin from your Wallet page by clicking [Assets] - [Futures]. If you meet the eligibility criteria, the [Change Mode] button will be displayed on the right side of the page. 

Note that if you’re not eligible to activate the Portfolio Margin mode, you’ll receive an error code. Before attempting the upgrade again, please refer to the error message for guidance on the necessary action.

How to use the Portfolio Margin mode?

Once activated, you’ll see the general information regarding the Portfolio Margin mode.

The Portfolio Margin Information (UniMMR, Total Debt, Maintenance Margin, Adjusted Equity)  will be displayed in the lower right corner of the trading interface.

Your funds in Futures and Margin Wallets will be moved to your Portfolio Margin Account.

How to switch between Portfolio Margin and standard trading modes?

Trading interface

1. Hover over the [Settings] icon and click [Account Mode] under [Features].

2. View your current mode and switch from one mode to another. 

Wallet page

1. Mouse over the wallet icon and click [Portfolio Margin] - [Change Mode].

2. Click [Switch]. 

Important notes:

• The Portfolio Margin mode does not support trading bots, except for Futures and Spot Grid Trading. However, please note that your trading bot balance won’t be included in the margin calculation.
• When you create a Futures Grid under the Portfolio Margin Mode, the funds will be transferred from your Spot Wallet. However, if you’ve enabled BNB fee payment, the BNB fee deduction will continue to use the asset in your USDⓈ-M Futures Wallet, which will lead to changes in the equity and risk level of the Portfolio Margin Account. Please pay attention to the risk level to avoid liquidation of the Portfolio Margin Account.
• To return to the default trading mode, you must ensure your negative balance is cleared first.
• To ensure uninterrupted API access, please recreate your API Key after enabling/disabling the Portfolio Margin mode.

How to activate Portfolio Margin for sub-accounts?

You can enable the Portfolio Margin mode for your managed sub-accounts and virtual sub-accounts. Log in to the master account and go to [Account Management]. Click the icon under [PM] next to a virtual sub-account and select [Enable Portfolio Margin].

Please note that Portfolio Margin for managed sub-accounts can only be activated by trading teams.

For more details on the Binance Portfolio Margin Program, please refer to:

• Introduction to Binance Portfolio Margin Mode
• How to View Portfolio Margin Information from Your Binance Account and Trading Interface
• Binance Portfolio Margin Trading Rules
• What Is the Unified Account Maintenance Margin Ratio (uniMMR) And How Is It Calculated
• How Does Liquidation Work in the Binance Portfolio Margin Account
• Binance Portfolio Margin Mode Order Logic
• Auto Fund Transfer Functions and Interest Rates in the Binance Portfolio Margin Mode
• Binance Portfolio Margin Mode Supported Collateral and Rates
• Binance Portfolio Margin API
• Terms and Conditions of Binance Portfolio Margin